Lot 8 Wilderness Way
About This Property
LakePlace @ Grayton Beach is a lovely gated community situated on 30A, along the Banks of Western Lake, a rare coastal dune lake that's a popular spot for fishing, kayaking & paddle boarding to the white sands of Grayton Beach. LakePlace is a short walk/bike from the beautiful Gulf of Mexico & offers a peaceful retreat. The neighborhood features a community pool, green space & a dock great for relaxing & enjoying the amazing views of Western Lake.
What makes LakePlace amazing is the beautiful Oak trees, lush greenery & wonderful neighbors!
Walk/bike to great restaurants, Seaside, Watercolor & other exciting places. Come visit LakePlace & you'll understand why it's the most desirable community on 30A.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 7, 2026 | Relisted | $850,000 | |
| Relisted | |||
| Aug 15, 2026 | In contract | - | |
| In contract | |||
| Mar 19, 2026 | Price Decreased |
$850,000
↓ $100K
(10.5%) | |
| Price Decreased | |||
| Dec 1, 2024 | Listed by La Florida Coastal Properties | $950,000 | |
| Listed by La Florida Coastal Properties | |||
| Mar 7, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017